2001 Nissan Skyline

GT-R V-Spec II Coupe
$52.6M at Mecum Monterey 2022
Thursday, 18 August - Saturday, 20 August
Sale Price
$750,000 - $850,000
Est. Range
20 August 2022
Sold Date
Lot Number
Modified original
Mecum Auctions
Auction House
Chassis no. BNR34401250. Bayside Blue over gray cloth. NISMO carbon intake pipes, Trust exhaust, Garage Defend cooling panel, GReddy radiator and intake manifold, electronically adjustable Tein coil overs, Volk TE37 wheels, Momo steering wheel. Imported by MotoRex and loaned to Paul Walker for an extended test drive, during that time it was upgraded by GReddy Performance and shown at SEMA as well as appearing in a BF Goodrich marketing campaign. Offered for sale by its secondnd owner.

Evaluation: The Bayside Blue paint shows very well and has only one crack in the finish on the front bumper where it meets the left fender. Under the hood is very clean and shows no wear, deterioration or oxidation of plastic or metal parts. The underbody is well kept only needing a detail to remove dirt from use. The interior presents very well and has no meaningful use. An exceptionally well kept R34 with noteworthy provenance.

Bottom Line: Simply put, this car was a fish out of water amongst the sea of muscle cars and muscle car enthusiasts a Mecum auction brings. It is a big deal to JDM fans when an R34 GT-R comes up for sale, but many Mecum auctiongoers paid little serious attention. The Paul Walker, SEMA and BF Goodrich ad connection should have been a slam dunk for the seller, instead the car sold off the block for $172,500 under low estimate.

This sale should be taken with a grain of salt. Given the white hot Skyline market, the seller would have been justified in taking the car back home with them. Lessons that can be taken away from this sale is even cars that sell themselves benefit from consigning at the right venue and allowing for proper marketing.

by Greg Ingold
14 September 2022
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.